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2023-01-25 15:40:36

El Salvador Pays $800M Bitcoin Bond, President Slams Mainstream Media

The post El Salvador Pays $800M Bitcoin Bond, President Slams Mainstream Media appeared first on Coinpedia Fintech News El Salvador, the first country to use Bitcoin as a legal tender, earlier this month passed another legislation to establish a legal framework for a Bitcoin-backed bond known as Volcano Bond. Through this bond El Salvador plans to pay its sovereign debt, sponsor the Bitcoin city construction and create Bitcoin mining infrastructure. Today, the country’s …

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